This is a beat-up Akron, Ohio BRRRR opportunity. This ugly, scuzzy property is exactly the kind of deal most investors are afraid of—but that fear is where the equity is created. With a purchase price around $50,000, an estimated $30,000 renovation, a projected $100,000 ARV, and potential rent around $1,250/month, this Akron rental could create roughly $20,000 in equity for the investor willing to take on the rehab. Professional management and renovation services are available to help with the full process, including purchase, insurance, renovation, refinance, tenant placement, Section 8 certification, and property management, making this a potential hands-off BRRRR play for out-of-state investors looking to build wealth in Northeast Ohio. Email agent for market rent roll & video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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